Fireplaces are a great way to make your home warmer and bring that cozy feeling home with you. Fireplaces make a great addition to any home or room and can help keep your home warm throughout the winter.
But installing a fireplace is no small undertaking. Wood vs. gas vs. electric – these are all considerations that will impact the price. As well, you will want to make sure that your chosen fireplace matches the aesthetic of your home.
Are you looking to get an understanding of the cost of a fireplace? Read on to learn more.
What Is The Cost Of A Fireplace?
The cost of a fireplace can vary based on the materials, fuel, and aesthetic that you choose for your home including the source of fuel that you choose, the mantel materials, and the installation of the fireplace. Read on for a few of the factors that impact the cost of a fireplace.
There are three main types of fireplaces that people tend to install in their homes. Electric, gas, and firewood.
Electricity tends to be the least expensive option. Since the fireplace unit is portable, it lowers the cost of both the fireplace and installation as it will be ready to use as soon as it is removed from the box. The fact that electric fireplaces require no chimney flue makes it a popular choice as you can install electronic equipment like a TV directly above it. They are available for as low as $400.
A gas fireplace can cost four times the price on average as an electric fireplace, averaging around $2000. Gas fireplaces’ price is also impacted by the mantle that you choose to surround the fireplace.
The most expensive fireplace is a wood-burning fireplace, which can run up to $10,000 to purchase and install. These are the open-hearth fireplaces that are common at ski lodges and cottages. The price is also impacted by whether additional renovation to the home is needed to accommodate a wood-burning fire, like building or updating a chimney.
Installing A Fireplace
The average cost of installing a fireplace is $15000. While it can be as low as $700, depending on labor prices in your area and the complexity of your installation, your cost will vary.
It’s important to remember that the cost of the fireplace itself and the installation cost is just the upfront costs of a fireplace. For electric fireplaces, you will have to pay the additional electricity bill to run them. Similarly, for a wood-burning fireplace, there will be added costs of firewood. For all, there will be maintenance costs that you will likely incur throughout the lifecycle of the fireplace.
Find Your Fireplace Today
The cost of a fireplace will vary based on a variety of factors. Based on what you are looking for, this company can help you compare and contrast different types to find the fireplace that best suits your home.